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Samsung Electronics flags second-quarter profit jump on solid chip demand, one-off gains from Apple

08-Jul-2020 Intellasia | Reuters | 6:02 AM

Samsung Electronics Co Ltd (005930.KS) flagged a 23 percent rise in second-quarter operating profit on Tuesday, beating analysts’ estimates on solid chip sales to data [...] » More

Korean COVID-19 patient recovering after double lung transplant

07-Jul-2020 Intellasia | Reuters | 10:03 AM

After a record 112 days on a specialised life-support system, a South Korean COVID-19 patient is recovering from double lung transplant surgery, doctors say, in only the [...] » More

Korea court rejects US extradition request for child porn network operator

07-Jul-2020 Intellasia | Reuters | 6:02 AM

South Korea court rejects US extradition request for child porn network operator A South Korean court on Monday refused an extradition request by US law enforcement [...] » More

Samsung’s second-quarter chip sales unlikely made up for smartphone weakness

07-Jul-2020 Intellasia | Reuters | 6:02 AM

At Samsung Electronics Co Ltd (005930.KS), demand for its chips from data centres bulking up to meet a surge in work-from-home traffic was not likely enough to offset muted [...] » More

S. Korea to beef up digital and green New Deal spending to $83.5 bn

07-Jul-2020 Intellasia | PulseNews | 6:02 AM

South Korea will stretch the budget for its New Deal projects to more than 100 trillion won ($83.5 billion) to accelerate migration to big data, telemedicine and eco-friendly [...] » More

Duty-free shops mull retreat from Incheon airport as international passengers dip 98pct in Q2

07-Jul-2020 Intellasia | KoreaHerald | 6:02 AM

South Korea’s leading duty-free operators are considering an exit from Incheon International Airport as the number of international passengers plunged 97.8 percent [...] » More

Top US envoy on N. Korea arranging Japan visit

07-Jul-2020 Intellasia | JapanNews | 6:02 AM

US deputy Secretary of State Stephen Biegun, the top US envoy on North Korea, is arranging to visit Japan, perhaps as early as Thursday, it was learned Monday. Biegun, the US [...] » More

Colorful face masks gain popularity in Korea

07-Jul-2020 Intellasia | KoreaHerald | 6:02 AM

Face masks featuring diverse colors and designs are gaining ground in Korea, as protective equipment is increasingly perceived as a fashion item. A growing number of social [...] » More

Japanese firms in Korea see sales plunge since export curbs

07-Jul-2020 Intellasia | KoreaHerald | 6:02 AM

Major Japanese firms doing business here have seen sales plunge as Japan’s export restrictions on Korea led to a boycott of products, the latest data showed Sunday. [...] » More

Korea reopening: Domestic tourists flock to Busan’s beaches

07-Jul-2020 Intellasia | Aljazeera | 6:02 AM

South Korea’s most popular beaches open for the summer but with extra precautions. South Korea is going ahead with its annual opening of its beaches for the summer, but [...] » More

S. Korea’s Hyundai Motor exports first hydrogen trucks to Switzerland

07-Jul-2020 Intellasia | PulseNews | 6:02 AM

South Korea’s top carmaker Hyundai Motor Co. has shipped 10 hydrogen-powered trucks to Switzerland, its first overseas market in the category it has pioneered. Hyundai [...] » More

N Korean hackers linked to web skimming (Magecart) attacks, report says

07-Jul-2020 Intellasia | Zdnet | 6:02 AM

After hacking banks and cryptocurrency exchanges, orchestrating ATM cash-outs, and deploying ransomware, North Korean hackers have now set their sights on online stores. [...] » More

Hundreds of drones light up Seoul sky with virus messages

07-Jul-2020 Intellasia | AFP | 6:02 AM

Hundreds of drones lit up the night sky in Seoul for a spectacular showcase of motivational and awareness messages as the world battles the coronavirus pandemic. Three [...] » More

Can Korean chipmakers bet on NAND flash in H2?

06-Jul-2020 Intellasia | Koreaherald | 6:02 AM

After benefiting from the growing non-contact market in the wake of the COVID-19 outbreak in the first six months of this year, chipmakers are again faced with a bearish [...] » More

Samsung to pay up to 100pct bonuses for semiconductor division employees

06-Jul-2020 Intellasia | Koreaherald | 6:02 AM

Samsung Electronics will provide 100 percent performance-based bonuses to the employees of the semiconductor division next week, industry sources said Friday. The [...] » More